Volkswagen Defies German Gravity

At home, the market is down 27 percent. Cars? Who wants them. “What, me worry?” is the mantra from Wolfsburg. Volkswagen’s worldwide group deliveries for the first eight months of the current year totaled 4.70m units, up 13.4 percent. In August alone, deliveries rose by 11.2 percent to 545,500. “As a result, the Group outperformed the global automotive market, not only for the month of August but also for the year so far,” declares a proud communiqué from Wolfsburg.

Volkswagen is exporting itself out of the crisis at home. And they are keeping busy. “This year alone we are bringing over 70 new models to market,” said VW sales chief Christian Klingler. Seventy.

In the first eight months of this year …

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  • Jrhurren Worked in Detroit 18 years, live 20 minutes away. Ren Cen is a gem, but a very terrible design inside. I’m surprised GM stuck it out as long as they did there.
  • Carson D I thought that this was going to be a comparison of BFGoodrich's different truck tires.
  • Tassos Jong-iL North Korea is saving pokemon cards and amibos to buy GM in 10 years, we hope.
  • Formula m Same as Ford, withholding billions in development because they want to rearrange the furniture.
  • EV-Guy I would care more about the Detroit downtown core. Who else would possibly be able to occupy this space? GM bought this complex - correct? If they can't fill it, how do they find tenants that can? Is the plan to just tear it down and sell to developers?